General Growth Properties, Inc News

Loading the latest news for General Growth Properties, Inc

1. 5/8/2013 7:04:00 PM Blackstone to Sell Stake in General Growth Properties
   published by Citybizlist
   Blackstone Group LP plans to sell the 23.4 million shares of General Growth Properties Inc. it holds in four funds that were used to help the mall company emerge from bankruptcy more than two years ago, Reuters reported. The sale essentially means ...
   
2. 5/8/2013 12:33:00 PM U.S. Bank Co-Leads $1.5 Billion Term Loan for General Growth Properties, Inc.
   published by Investment Weekly News
   By a News Reporter-Staff News Editor at Investment Weekly News-- General Growth Properties, Inc., U.S. Bank and RBC Capital Markets announced that they have closed on a $1.5 billion secured, term loan that will refinance 16 of GGP's existing properties in the United States. U.S. Bank acted as joint-lead arranger, joint bookrunner and administrative agent on the...
   
3. 5/8/2013 11:02:00 AM M&A Navigator: Deal pipeline - 8 May
   published by EquityBites
   Danish medical technology specialist Ambu AS said that it had bought UK hydrogel manufacturer First Water Heathcote Ltd for up to GBP1.8m, enhancing its electrode business. Experience Art and Design Inc, formerly known as Clear System Recycling Inc, said it had acquired Italian foundry operator Chiurazzi Internazionale Srl from CI Holdings Inc via an...
   
4. 5/8/2013 8:22:00 AM General Growth Properties had the Lowest Relative Performance in the Retail REITs Industry (GGP, FRT, SPG, MAC, TCO)
   published by Individual.com
   (Financial News Network On) Here are 5 stocks in the Retail REITs industry ranked by performance. We compiled the trading activity from yesterday and then analyzed the industry looking for stocks that were underperforming. This is what we found: General ...
   
5. 5/8/2013 1:27:00 AM Blackstone agrees exit from General Growth Properties
   published by PredictWallStreet
   (M&A Navigator via COMTEX News Network) -- 8 May 2013 - US mall owner and operator General Growth Properties Inc (NYSE:GGP) said private equity firm The Blackstone Group LP (NYSE:BX) had agreed to shed its 23.4m GGP shares. Blackstone holds the stock through ...
   
6. 5/8/2013 1:16:00 AM Blackstone agrees exit from General Growth Properties
   published by EquityBites
   8 May 2013- US mall owner and operator General Growth Properties Inc said private equity firm The Blackstone Group LP had agreed to shed its 23.4 m GGP shares. According to a filing with the Securities and Exchange Commission, this sale marks Blackstone's exit from General Growth. Blackstone fund's investment in GGP was around USD8.50 and USD9.00 a share, the...
   
7. 5/8/2013 12:00:00 AM Blackstone agrees exit from General Growth Properties
   published by M2 EquityBites (EQB)
   Blackstone agrees exit from General Growth Properties M2 EquityBites EQB M2 EQUITYBITES May 8 2013 Blackstone agrees exit from General Growth PropertiesC2013 M2 COMMUNICATIONS httpwwwm2com8 May 2013 US mall owner and operator General Growth Properties Inc NYSEGGP said private equity firm The Blackstone Group LP NYSEBX had agreed to shed its 234m GGP sharesBlackstone holds the stock through four funds it used to help the company out of bankruptcy over two years agoAccording to a filing with the Securities and Exchange Commission this sale marks Blackstones exit from General.
   
8. 5/8/2013 12:00:00 AM M&A Navigator: Deal pipeline - 8 May
   published by M2 EquityBites (EQB)
   M&A Navigator Deal pipeline 8 May M2 EquityBites EQB M2 EQUITYBITES May 8 2013 M&A Navigator Deal pipeline 8 MayC2013 M2 COMMUNICATIONS httpwwwm2comThe following is a list of deals covered in detail by M&A Navigator this week AMBU BUYS UKS FIRST WATER HEATHCOTE FOR UP TO USD28MDanish medical technology specialist Ambu AS CPHAMBU B said that it had bought UK hydrogel manufacturer First Water Heathcote Ltd for up to GBP18m USD28mEUR21m enhancing its electrode businessStatus Closed EXPERIENCE ART AND DESIGN BUYS CHIURAZZI FROM CI HOLDINGSExperience Art and Design Inc formerly known as Clear System Recycling Inc OTCBBCLSR said it had acquired Italian foundry operator Chiurazzi Internazionale Srl from CI Holdings Inc via an all stock dealStatus Closed Terminated CREATIVE EDGE NUTRITION BUYS CANADIAN NUTRITION SUPERSTORESUS nutritional supplements firm Creative Edge Nutrition Inc OTCMKTSFITX said it had taken over discount nutritional supplements retailer Canadian Nutrition Superstores without providing financial detailsStatus Closed EON SAYS NOT EYEING RWE DEAGerman utility EON SE ETREOAN has not laid eyes on oil and gas exploration company RWE Dea AG which is being sold by parent RWE AG ETRRWEStatus Denied BOSKALIS DISCUSSES POTENTIAL SALE OF ARCHIRODON STAKEDutch dredger Boskalis Westminster NV AMSBOS said that it had entered into discussions with an unnamed party from the Middle East over the sale of its 40 stake in local construction company ArchirodonStatus Talks ZALICUS COULD SELL USD25M STAKE TO LINCOLN PARK CAPITALUS biopharmaceutical firm Zalicus Inc NASDAQZLCS said it had sold USD2m EUR15m worth of common shares to Lincoln Park Capital Fund LLC under an agreement which allows it divest up to a further USD23m stake to the institutional investorStatus Agreed Closed BOSKALIS STARTS DOCKWISE INTEGRATIONDutch dredger Boskalis Westminster NV AMSBOS said that it had launched the integration process of marine contractor Dockwise Ltd which it acquired last monthStatus Closed SUMITOMO MITSUI TO BUY STAKE IN INDONESIAS BTPN FROM TPG OTHERSJapanese lender Sumitomo Mitsui Banking Corp SMBC said it is buying common stock in PT Bank Tabungan Pensiunan Nasional Tbk BTPN from US private equity firm TPG Capital LP and other vendors to ultimately reach a 40 holding in the Indonesian lenderStatus Agreed ENBRIDGE TO POUR USD12BN INTO ENBRIDGE ENERGY PARTNERSCanadian energy company Enbridge Inc TSEENB said it had inked a deal to buy USD12bn EUR914m worth of preferred units in US based crude oil and natural gas transportation systems operator Enbridge Energy Partners LP NYSEEEPStatus Agreed VIROGEN STARTS TAKEOVER TALKS WITH SEVERAL DISPENSARY TARGETSUS technology holding company Virogen Inc OTCMKTSVRNI said that it had entered into preliminary takeover talks with several medicinal marijuana dispensary targetsStatus Talks BERKSHIRE HATHAWAY TO REFRAIN FROM BUYING OVER 25 IN DAVITAUS diversified group Berkshire Hathaway Inc NYSEBRKA has signed a standstill agreement with DaVita HealthCare Partners Inc NYSEDVA that prevents the former from increasing its stake in the dialysis services company to over 25 DaVita said in a regulatory filingStatus Agreed EDGEWATER FUNDS HAYSTAX TAKES OVER FLEXPOINT TECHNOLOGYPrivate equity firm The Edgewater Funds portfolio company Haystax Technology Inc on Wednesday said it had acquired US IT professional services company FlexPoint Technology LLC for an undisclosed amountStatus Closed FIFTH STREET TO BUY HEALTHCARE FINANCE GROUPUS speciality finance firm Fifth Street Finance Corp NASDAQFSC said it had signed a final deal to take over domestic healthcare asset based lender Healthcare Finance Group LLC for some USD110m EUR838mStatus Agreed HEALTH CARE REIT TO BUY 75 OF REVERA PORTFOLIOUS real estate investment trust Health Care REIT Inc NYSEHCN said that it had agreed to buy a 75 stake in a USD135bn EUR1bn portfolio of seniors housing communities under a partnership deal with owner Canadian senior living services provider Revera IncStatus Agreed TRULIA STRIKES USD355M DEAL TO TAKE OVER MARKET LEADERUS real estate search engine company Trulia Inc NYSETRLA said it had inked a final accord to buy domestic software firm Market Leader Inc NASDAQLEDR for some USD355m EUR2703mStatus Agreed ASATI SAYS WOULD WELCOME TELECOM ITALIA HUTCHISON DEAL IF BENEFICIALTelecom Italia SpAs BITTIT minority shareholder the retail investors association ASATI will not be against a possible tie up with Hutchison Whampoa Ltd HKG0013 if it is in the interest of all shareholdersStatus Talks DEX IMAGING BUYS TONERTYPE US IMAGING SOLUTIONSUS imaging equipment distributor and services provider DEX Imaging Inc said it had taken over local office imaging firm Tonertype LLC and cartridge remanufacturer US Imaging Solutions LLC which are worth USD205m EUR156mStatus Closed HENKEL PLANS BUYS IN COMING MONTHSGerman consumer goods giant Henkel KGaA ETRHEN3 will seek to add other companies to its portfolio in the coming monthsStatus Bidding SWISS GEORG FISCHER TO TAKE CONTROL OF TURKISH HAKAN PLASTIKSwiss engineering company Georg Fischer AG SWFFI N said it is buying a majority stake in Turkish plastic piping systems maker Hakan Plastik AS without disclosing the financial terms of the dealStatus Agreed 3I TO SELL CIVICA TO OMERS PRIVATE EQUITYUK private equity firm 3i Group plc LONIII said it had struck a deal to offload domestic specialist IT systems and business process services company Civica to Canadas OMERS Private Equity Inc for an enterprise value of GBP390m USD6039mEUR4607mStatus Agreed TURKEY DISCUSSES BOURSE PARTNERSHIP WITH LSE NASDAQTurkey is negotiating strategic partnerships for its Istanbul bourse with the London Stock Exchange Group Plc LONLSE and Nasdaq OMX Group Inc NASDAQNDAQStatus Talks Auction QATAR SAID TO BE INTERESTED IN BANKIAS IAG STAKEQatar has informally approached International Airlines Group LONIAG to get its opinion about the possibility of becoming its biggest shareholder by buying Spanish bank Bankia SAs MCEBKIA 12 stake in the UK airline groupStatus Speculation GERMANYS PRIME OFFICE REIT NEGOTIATES MERGER WITH OCMGerman real estate investment trust Prime Office REIT AG ETRPMO announced it had begun discussions with the board of OCM German Real Estate Holding AG in connection with a potential combination of the two companies into a listed entityStatus Talks SEADRILL AGREES TO SELL T15 RIG BUSINESS TO SEADRILL PARTNERSBermuda based offshore drilling contractor Seadrill Ltd NYSESDRL said it had agreed to sell the firms which own and operate the tender rig T15 to its subsidiary Seadrill Partners LLC for a total of USD210m EUR1602mStatus Agreed ISS ADVISES PLAINS STOCKHOLDERS TO REJECT FREEPORT BIDUS proxy advisory firm Institutional Shareholder Services Inc ISS recommends that the stockholders of oil and gas company Plains Exploration & Production Co NYSEPXP refrain from voting in favour of Freeport McMoRan Copper & Gold Incs NYSEFCX takeover proposalStatus Agreed IMIC SECURES FUNDING FOR AFFERRO OFFERUK investment group International Mining and Infrastructure Corporation LONIMIC said that it had arranged the necessary funding for the cash portion of its planned takeover of Canadian mineral exploration company Afferro Mining Inc CVEAFFStatus Bidding CHINA MENGNIU DAIRY SECURES 28 STAKE IN CHINA MODERN DAIRYHong Kong based dairy products maker China Mengniu Dairy Company Ltd HKG2319 said it had become the single biggest stockholder in China Modern Dairy Holdings Ltd HKG1117 by raising its interest in the dairy farming firm to 28 from 1Status Closed LIBERTY GLOBAL TO NAME TOM MOCKRIDGE AS VIRGIN MEDIA CEO AFTER TIE UPUS cable TV operator Liberty Global.
   
9. 5/7/2013 6:19:00 PM Blackstone to sell General Growth stake 
   published by Finance & Commerce
   Tags: Blackstone Group LP, General Growth Properties Inc. 2:51 pm Tue, May 7, 2013 Blackstone Group LP plans to sell 23.4 million shares of General Growth Properties Inc., exiting its investment in the second-biggest U.S. mall owner after helping the ...
   
10. 5/7/2013 5:06:00 PM Improving economy gives tourism boost
    published by Post-Crescent (Appleton, WI)
    The state Department of Tourism on Monday reported tourism's impact on Wisconsin's economy totaled $16.8 billion in 2012, a 5 percent increase from the 2011 total of $16 billion. The Fox Cities Convention& Visitors Bureau, citing state data, reported regional visitor spending in 2012 totaled $392 million, up 2.45 percent from the previous year's total of...
    
11. 5/7/2013 5:00:00 PM U.S. Open operator to unload Queens parkland for expansion, Blackstone sells shares of GGP … and more
    published by The Real Deal New York
    Flushing Meadows-Corona Park in Queens 1. U.S. Open operator to give up Queens parkland to save expansion [Crain’s] 2.   Blackstone sells all 23 million shares of mall owner General Growth Properties   [Bloomberg News] 3. More than half of Americans ...
    
12. 5/7/2013 4:33:00 PM Blackstone funds exit General Growth Properties
    published by Reuters UK
    8:38pm BST NEW YORK (Reuters) - Blackstone Group LP (BX.N: Quote, Profile, Research) plans to sell the 23.4 million shares of General Growth Properties Inc (GGP.N: Quote, Profile, Research) it holds in four funds that were used to help the mall company emerge ...
    
13. 5/7/2013 4:07:00 PM Blackstone funds exit General Growth Properties
    published by Reuters
    Blackstone Group LP ( The sale essentially means Blackstone has exited General Growth, according to a filing with the Securities and Exchange Commission. Factoring in the cost of the shares, which also included 5 million warrants and later the spin-off of ...
    
14. 5/7/2013 3:38:00 PM UPDATE 1-Blackstone funds exit General Growth Properties
    published by Reuters
    Blackstone Group LP plans to sell the 23.4 million shares of General Growth Properties Inc it holds in four funds that were used to help the mall company emerge from bankruptcy more than two years ago, General Growth said on Tuesday. The sale essentially ...
    
15. 5/7/2013 2:07:00 PM Investor selling stake in company with La. malls
    published by The Advocate
    NEW YORK — Asset manager Blackstone Group LP plans to sell a minority stake in mall operator General Growth Properties Inc. — whose Louisiana properties include the Mall of Louisiana in Baton Rouge, Oakwood Center in Gretna and Pecanland Mall in Monroe. In ...
    
16. 5/7/2013 1:50:00 PM Blackstone Group to sell stake in General Growth Properties
    published by Pacific Business News (Honolulu, HI)
    Blackstone Group, which owns the Hilton Hawaiian Village Waikiki Beach Resort as part of its Hilton Worldwide portfolio, plans to exits its investment of Ala Moana Center owner General Growth Properties Inc. by selling off 23.4 million shares of the second-largest mall owner in the United States. Bloomberg reports Blackstone plans to sell its 2.5 percent...
    
17. 5/7/2013 1:16:00 PM Blackstone Group selling stake in General Growth
    published by Associated Press
    NEW YORK-- Asset manager Blackstone Group LP plans to sell a minority stake in mall operator General Growth Properties Inc., a company that it helped exit from bankruptcy. In August 2010, Blackstone Group agreed to invest about $500 million for shares in General Growth once it emerged from Chapter 11 bankruptcy protection. An investor group comprised of...
    
18. 5/7/2013 12:54:00 PM Blackstone to Sell GGP Shares
    published by National Real Estate Investor
    The Blackstone Group plans to sell its stake in mall REIT General Growth Properties, after investing in the firm when it was in bankruptcy in 2010, Bloomberg reports. The private equity firm plans to sell all of its 23.4 million shares in a secondary ...
    
19. 5/7/2013 11:25:00 AM General Growth Properties Makes a Move: Down 2.4%
    published by Individual.com
    (Financial News Network On) One of today's notable stocks in decline is General Growth Properties (NYSE:GGP), down 2.4% to $22.78. The Dow Jones Industrial Average is now trading 0.3% higher to 15,009 and the S&P is trading 0.2% higher to 1,621. General ...
    
20. 5/7/2013 11:14:00 AM Blackstone Sells Out of General Growth Properties
    published by 24/7 Wall St
    Private equity firms are taking profits in their portfolio holdings left and right. The third such instance today comes from Inc. (NYSE: GGP). It has been announced that Blackstone Group L.P. (NYSE: BX) have agreed to sell its 23,431,803 shares of common ...